Bond Libanon 8% ( LBT190906604 ) in LBP
Issuer | Libanon |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 8% per year ( payment 1 time a year) |
Maturity | 15/02/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 10 000 LBP |
Total amount | 153 248 160 000 LBP |
Detailed description |
Lebanon is a small, culturally diverse country in the Levant region of Western Asia, known for its ancient history, significant religious sites, and its current political and economic instability. A financial analysis confirms the successful lifecycle completion of the Lebanese government bond identified by ISIN LBT190906604, which fully matured and was subsequently repaid on February 15, 2024. This obligation, denominated in Lebanese Pounds (LBP), featured an annual coupon rate of 8% and represented a total issuance volume of LBP 153,248,160,000, with a minimum investment denomination set at LBP 10,000. The bond was reportedly trading at 100% of its par value upon its maturity date, ensuring full principal repayment to its holders. The issuer, Lebanon, a sovereign state in the Middle East, operates within an intricate financial and economic environment marked by considerable macroeconomic challenges and a persistent financial crisis, which has impacted its broader debt profile. Despite the broader context of fiscal pressures and a complex debt restructuring landscape concerning its foreign currency obligations, the timely and full repayment of this particular LBP-denominated bond highlights the issuer's commitment to honor specific domestic debt instruments. This successful repayment action for the LBT190906604 bond, which paid interest annually, marks the definitive conclusion of its term, providing clarity and finality to investors regarding this specific Lebanese sovereign debt instrument. |